Ma’aden’s head in Al Arabiya: these are the reasons for the jump in the company’s quarterly profits

Maaden CEO Abdulaziz Al-Harbi said the big jump in the company’s quarterly profits was due to rising prices and improving production by supporting new factories that started production.

In an interview with Al-Arabiya on the sidelines of the Investment Initiative conference, Al-Harbi expected that production would continue to grow at the same levels.

Al-Harbi pointed out that the company has obtained approval for the strategic plan in the standard ESG, and the most important lines of the strategy include governance and the environment. We aspire to the best.

The Board of Directors said it had decided to reduce carbon emissions by 60% in 2040 and to reduce groundwater consumption by 65% ​​and stated that aluminum accounts for 40% of our sales, phosphate 50%. % and gold 10%.

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